Vehicle Access Control Market

1
Vehicle Access Control Market To Reach USD 23.00
Billion By 2026
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Market Summary
Market Size USD 8.93 Billion in 2018, Market
Growth - CAGR of 12.6, Market Trends
Production of electric vehicles.
The Global Vehicle Access Control Market is
forecast to reach USD 23.00 Billion by 2026,
according to a new report by Reports and Data.
Vehicle access control system is an electronic
system that is developed to administer the
movement of vehicles over an area. 

• Further key findings from the report suggest
• Passenger cars held a market share of 35 in the
  year 2018 owing to the adoption of several
  advanced features such as immobilizers, keyless
  entry, alarm, and stolen vehicle assist.
• Increase in vehicle theft is one of the major
  reasons for the original equipment manufacturer
  to pre-install vehicle access control systems
• Fast growing middle-class group and burgeoning
  consumption will fuel the growth of the
  commercial vehicles in emerging nations. Increase
  in urbanization and shift in consumption will
  lead to shifts in market segments.

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Market Summary
Key Players
Johnson Electric, Valeo, Synaptics Incorporated,
Voxx International, Denso Corporation, Robert
Bosch, Methode Electronics, Mitsubishi
Electronic, Fingerprint Cards Ab, and Continental
AG among others.
Segmentation
Vehicle Type Outlook (Revenue, USD Billion
2016-2026) Passenger Cars Light Commercial
Vehicles Heavy Commercial Vehicles  Technology
Outlook (Revenue, USD Billion 2016-2026) Biometri
c Non-Biometric Near Field Communication
(NFC) Bluetooth Radio Frequency Identification
(RFID) Wi-Fi
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Market Summary
Application Outlook (Revenue, USD Billion
2016-2026) Traffic management Sensitive
sites/Facilities/Zones Toll Ways Commercial
Buildings Residential Buildings Others
Regional Outlook for Vehicle Access Control
Market analyses the following geographies North
America (United States, Canada, and
Mexico) Europe (Germany, France, UK, Russia, and
Italy) Asia-Pacific (China, Japan, Korea, India,
and Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and Africa
(Saudi Arabia, UAE, Egypt, Nigeria, and South
Africa)
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The report emphasizes the following key questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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